Post Tagged with: "U.S. production"

Source: Reuters

Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia

Reuters


NEW YORK/SINGAPORE – Oil prices rose more than 20% this year but there were no sharp spikes and crude futures barely sniffed $70 a barrel despite attacks on the world’s biggest oil producer, sanctions that crippled crude exports of …

U.S. Production Sees Largest Monthly Decline since the Start of the Downturn

U.S. Production Sees Largest Monthly Decline since the Start of the Downturn

U.S. production falls 220 MBOPD in April

U.S. production has remained surprisingly resilient amid the fall in oil prices, but data from the EIA today showed that production is beginning to come off at an increasingly fast pace. Total U.S. …

380,000 Stripper Wells Produced 10% of Total U.S. Production in 2015

380,000 Stripper Wells Produced 10% of Total U.S. Production in 2015

Stripper wells outnumber nonstripper wells by more than 4-to-1

EIA Stripper Wells 2015

Stripper wells, or those that produced no more than 15 BOEPD over a 12-month period, continue to make up a significant portion of total U.S. production despite their small individual contributions.…

OPEC: Too Close to Call - Oil & Gas 360

A Year after OPEC Throws a Stone into the Pond, the Ripples are Still being Felt

The Thanksgiving Day Decision

Last November, OPEC sparked the decline in crude oil prices that would see both international benchmark Brent crude, and U.S. benchmark WTI crude, lose more than 50% of their value. The group decided to move away …

U.S. Production Down 100 MBOPD in July – EIA

U.S. Production Down 100 MBOPD in July – EIA

The EIA’s Short-Term Energy Outlook shows declining production as prices dropUS Production

The U.S. Energy Information Administration (EIA) released its July Short-Term Energy Outlook (STEO) today, showing lower production in the month of July as prices continue their downward trend. The …

OPEC: Too Close to Call - Oil & Gas 360

OPEC Production Breaks 31 Million Barrels in May; U.S. May Production was Highest in 43 Years

Iraq production growth pushes OPEC output beyond its own quota for the 12th straight month

OPEC continued to increase production in May, following its November plan to defend market share. OPEC output increased by 67 MBOPD from April to …

June 2, 2015 - 5:33 pm International, Oil and Gas 360 Articles, OPEC